Monday, 12 November 2018

QSE breaks the 10,400 resistance level on strong buying interests

QSE breaks the 10,400 resistance level on strong buying interests:

Strong buying interests from foreign and Gulf institutions on Monday helped the Qatar Stock Exchange break the 10,400 resistance levels.

Consumer goods and banking counters witnessed higher-than-average demand, leading to a 0.24% jump in the 20-stock Qatar Index for the third straight session to 10,415 points, which is up 22.19% year-to-date.

Market capitalisation grew more than QR2bn or 0.35% to QR583.78bn, mainly on account of small and large cap equities.

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